Unemployment Trust Gets New Name.Completing a process that began a year ago, Human Services Unemployment Trust and National Nonprofit A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive. Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law. Unemployment Trust have become Unemployment Services Trust (UST USt Umsatzsteuer (German: Tax) UST Underground Storage Tank UST University of St. Thomas (Minnesota, Texas) UST University of Santo Tomas (Manila, Philippines) ). The trust provides nonprofits an alternative to paying state unemployment taxes. Nonprofits opt out of the state unemployment system and make quarterly contributions to the trust. Though "nonprofit" isn't in the new name, the sector remains the only focus of the organization, said Holly Smith Jones, executive director of the Santa Barbara Santa Barbara (săn'tə bär`brə, –bərə), city (1990 pop. 85,571), seat of Santa Barbara co., S Calif., on the Pacific Ocean; inc. 1850. , Calif.-based organization. A tagline on its letterhead notes the organization's history of serving nonprofits since 1983. Smith Jones said the merger reduced expenses and eliminated redundancies. For 2001, UST enrolled 115 new agencies, representing more than 12,000 full-time equivalents Full-time equivalent (FTE) is a way to measure a worker's involvement in a project, or a student's enrollment at an educational institution. An FTE of 1.0 means that the person is equivalent to a full-time worker, while an FTE of 0.5 signals that the worker is only half-time. (FTEs). The additions raise its totals to 1,953 agencies nationwide, representing 144,160 FTEs. |
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